- Restaurant Brands International (QSR) has appointed Patrick Doyle as the company’s Executive Chairman, effective immediately
- The Board of Directors believe that Doyle will be an important contributor to unlocking growth in the company
- RBI is one of the world’s largest quick-service restaurant companies
- Restaurant Brands International Inc. (QSR) is up 7.00 per cent, trading at C$84.94 per share at 3:44 pm ET
Restaurant Brands International (QSR) has appointed Patrick Doyle as the company’s Executive Chairman, effective immediately.
The Board of Directors believe that Doyle will be an important contributor to unlocking growth in the company. This is based on his proven track record doing the same at Domino’s Pizza.
As the former CEO of Domino’s Pizza from 2010 to 2018, Doyle led the restaurant industry’s successful transformations. He focused on putting the guest experience first and being the best at digital ordering and food quality. During his tenure, he delivered 29 consecutive quarters of same-store sales increases and system-wide sales growth of $5.6B to $13B.
Daniel Schwartz and Alex Behring, current co-Chairmen of the Board of Directors of RBI, commented on the appointment.
“Patrick’s appointment as Executive Chairman is a huge addition to the already strong leadership team that we have built. This is part of our long-term strategy to accelerate growth in our restaurant brands and profitability for our franchisees and drive shareholder returns that we believe the company is very capable of delivering.”
Daniel Schwartz and Alex Behring will continue to serve on the Board of Directors.
RBI is one of the world’s largest quick-service restaurant companies. It has over $35 billion in annual system-wide sales and over 29,000 restaurants in more than 100 countries.
The company owns four of the world’s most prominent and iconic quick service restaurant brands – Tim Hortons, Burger King, Popeyes, and Firehouse Subs.
Restaurant Brands International Inc. (QSR) is up 7.00 per cent, trading at C$84.94 per share at 3:44 pm ET.
